Mass (cadastral) monetary valuation of land is one of the most relevant and crucial tasks in Russia and Commonwealth of Independent States (CIS) countries. This study aimed to analyze the feasibility and advantages of conducting cadastral monetary valuation of urban land using GIS technologies. The presented research, employing the content-analysis method and experts’ survey, reviewed key theoretical concepts related to the use of GIS technologies in land valuation. Moreover, it proposed an algorithm for classifying cadastral monetary valuation of urban land with GIS application, identifying the key activities where GIS technologies significantly enhance the land valuation. The study found that strict adherence to requirements and standards by executors and using GIS technologies in land valuation ensures the following: a) comprehensive information about the state land cadaster; b) timely and high-quality service delivery; and c) optimization of the workforce involved in land management and valuation. In conclusion, in the monetary valuation of urban lands, GIS technologies offer significant advantages, including automation, reduced project timelines with improved quality documentation, unlimited reproducibility of valuation results, and standardization of project materials.
Urban land, urban land valuation, cadastral valuation, geographic information system (GIS), GIS technologies
In the cadastral monetary valuation of urban lands, the integration of GIS technologies enhanced efficiency and accuracy. It automates data processing, reduces project completion times, and makes it more beneficial for optimizing land management and valuation processes.